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Ripple (XRP) Eyes Reversal While Being Down 82% From ATH

Long
BITFINEX:XRPBTC   XRP / Bitcoin
Ripple (XRP) is down 82% from all time highs, recording one of the worst corrections in the entire crypto market. While Ripple is a company with a lot of potential, the confused status of XRP has been a major factor in investors being eager to dump this coin at the first sign of danger. Many cryptocurrency investors still believe in Ripple (XRP) which is why it still ranks at third place in terms of market cap. However, even most of those investors are not clear about the future of XRP. Despite Ripple (the company) having stated many a time that it will use XRP for liquidity solutions to replace traditional nostro accounts, investors have yet to see significant steps towards adoption of XRP (the token) by any of Ripple’s partners.

Ripple has a stellar score card with a lot of influential partners. This is more than enough to make anyone more than bullish on Ripple (the company). However, what is still confusing is to see how XRP (the token) fits into the whole picture. While XRP should be a big source of additional capital to the company, in addition to its possible use as a liquidity provider, it is disappointing to see that Ripple is not doing enough to promote or push for adoption of XRP.

Read Further: cryptodaily.co.uk/20...versal-82-time-high/
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